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Thursday, May 22, 2008 |
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Rice subsidy reaches
P6.9B |
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NFA already given more than half of allotment |
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State-run National Food Authority (NFA) already availed of
more than half of its programmed tax subsidy this year in the first
four months alone, the Department of Budget and Management reported
Wednesday.
Budget Secretary Rolando Andaya
Jr. said the tax subsidy extended to the grains agency from January
to April reached P6.9 billion, or more than half of the P7.5 billion
for the entire 2008.
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Story>>
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O T H E R R E P O R T S
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Aboitiz calls
Meralco ‘attractive investment’
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The Manila Electric Co. (Meralco)
is one tempting apple that a supposedly disinterested conglomerate
is not ready to bite.
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Full
Story>>
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Oil Price Nears
$130 Per Barrel, Driven By Fears About Supply
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LONDON: Oil prices headed toward
a record high of $130 a barrel on Wednesday on anxiety about
stretched supplies in the face of strong demand for energy, analysts
said.
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Cooking gas prices
to increase again Friday–LPG association
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Cooking gas prices are poised to
increase again Friday as the contract price for liquefied petroleum
gas (LPG) in the world market continues to go up.
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Story>>
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RP: World’s
27th-most violent nation
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The Philippines is the 27th-most
violent country in the world today, Global Peace Index said in a
report released Tuesday.
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Story>>
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Edward Kennedy has
brain tumor
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BOSTON: Legendary Democratic
Party patriarch Senator Edward Kennedy has a malignant brain tumor,
doctors said, sending a wave of sadness and shock through the US
political establishment.
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Bad policies cause
crisis but GMA disagrees
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The rice crisis affecting the
Philippines is not caused by a shortage of rice but is a result of
bad policies that have hurt the agriculture sector, a leading
economist said in a report released Wednesday.
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GEMS OF HISTORY
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RP introduced
tobacco to China
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Believe it or not, one jin
(equivalent to 0.5 kilo) of tobacco once cost as much as one horse
in China. That was during the late Ming dynasty or more than 300
years ago in the 17th century.
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